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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P China A 50 Index (CNY) (CME:SPC50)
Long-Term Uptrend (+90) - SPC50 is in a strong uptrend that is likely to continue. While SPC50 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPC50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPC50
The long-term trend has been UP since Mar 5th, 2024 at 3212.95
The intermediate-term trend has been UP since Apr 17th, 2024 at 3281.05
The short-term trend has been UP since Apr 25th, 2024 at 3250.86
Smart Scan Analysis for SPC50
Based on our trend formula, SPC50 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3340.60 | 3340.60 | 3321.84 | 3321.84 | -19.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3321.84 | 0 | 2024-04-30 03:29:05 |
| 52wk High | 3873.27 | 52wk High Date | 2018-01-24 |
| 52wk Low | 2781.22 | 52wk Low Date | 2018-10-19 |